US security panel OKs proposed Smithfield sale

SMITHFIELD, Va. 
Smithfield Foods Inc. says that a U.S. committee that reviews mergers between American companies and those overseas has given clearance to the pork producer's proposed sale to a Chinese company.

Smithfield said Friday that the U.S. Committee on Foreign Investment in the United States gave clearance to its proposed sale to Shuanghui International Holdings Ltd.